Capital Dynamics secures £48.5m funding for Scottish onshore wind farm

EDF Renewables to build and operate Auchencorth Moss wind farm

Project to generate enough electricity to power 40,000 homes

Capital Dynamics has secured £48.5 million of funding to finance the construction of a new onshore wind farm in Scotland. The Auchencorth Moss wind farm will be built and operated by EDF Renewables and is expected to generate enough electricity to power 40,000 homes.

The project is part of Capital Dynamics' strategy to invest in renewable energy projects and contribute to the fight against climate change. The company has a long track record of investing in onshore wind farms in the UK and has a portfolio of over 1GW of wind energy assets.

EDF Renewables is a leading renewable energy company with a global presence. The company has a proven track record of delivering successful wind farm projects and is committed to developing and operating renewable energy projects in the UK.

The Auchencorth Moss wind farm is expected to be completed in 2024. Once operational, the wind farm will generate enough electricity to power 40,000 homes and will help to reduce the UK's reliance on fossil fuels.

The project is supported by the Scottish government's Onshore Wind Policy Statement, which aims to increase the amount of onshore wind energy capacity in Scotland.

The Scottish government has set a target of generating 50% of its electricity from renewable sources by 2030. The Auchencorth Moss wind farm is a significant step towards achieving this target.